Golden Skies Ventures offers $2.5billion to take over Malaysia Airlines

Golden Skies Ventures offers $2.5billion to take over Malaysia Airlines 19

Golden Skies Ventures (GSV), a private held investment firm has offered $2.5 billion in order to fully take over Malaysia Airlines, with financing from a European bank.

GSV made the proposal a month ago.

Golden Skies Ventures offers $2.5billion to take over Malaysia Airlines 20

GSV also has a commitment from a Japanese private equity firm to invest immediate funds through an equity deal. However, the names of other firms involved were undisclosed.

GSV has submitted its proposal to Morgan Stanley, the banker hired by MAS’s sole owner Khazanah Nasional Bhd.

Morgan Stanley and Khazanah have not given any comment on the proposal.

Ummi Lulu
Journalist at News Asia Today. From Indonesia. I write about life, tech, and business related topics happening in Asia.